FASHIONBOSS ENCORE: SUNDAY RECAP
Michael Bastian Victorious in China Trademark Suit | After a strenuous 5-year suit, CFDA winner Michael Bastian has won the right to use his trademark in China. This marks the first time, a foreign company has acquired rights to a trade name from a third-party entity. The Chinese Trademark Review and Adjunction Board sides with the fashion brand against squatters who register trademarks and hope that large companies pay a huge sum to acquire those trademarks.
Walmart acquires Yihaodian | U.S. retail giant, Walmart is dipping its toes into the online retail world by purchasing the remainder of the 49% Yihaodian adding to its 51% stake. With a slow but sure rise of 12% in its online sales, Walmart is focusing hard on pushing e-marketing. Competitor, Alibaba, has to watch its back from this $482 billion company.
FASHION & STYLE
Lily-Rose Depp gets the Chanel Treatment | 16-year tween star, Lily-Rose Depp, is the latest Chanel Muse sporting pearl Chanel frames from their Autumn 2015 campaign. Daughter of long-time Chanel ambassador, Vanessa Paradis, and dreamboat, Johnny Depp, Lily-Rose is seen in many Chanel events before appearing in her first major fashion campaign.